Give Stocks

Donating stock can be one of the most tax-efficient ways to act on your generosity. We’ve partnered with Overflow to make donating stock online quick, easy, and secure.

FAQs

WHO IS OVERFLOW?
Overflow is a digital solution for donating non-cash assets, enabling donors to give in a tax-efficient way. Donors can experience the ease of giving via stock, cash, or crypto in less than five minutes from their mobile device. Overflow also provides givers access to a private Donor Portal which enables visibility into transaction history, transaction statuses, and the ability to update connected financial accounts.
IS GIVING THROUGH OVERFLOW SAFE AND SECURE?
Overflow understands our responsibility to maintain the confidentiality of donors' data and is 100% committed to securing and protecting your information when you give on our platform. To demonstrate our commitment, we comply with globally recognized data protection standards like SOC 2 Type l.
WHAT IS THE TAX BENEFIT OF DONATING APPRECIATED STOCK?
Donating appreciated stock that you've held for over a year could allow you to save up to 20% in capital gains taxes and potentially up to 37% in federal income taxes on the charitable donation value of your gift based on your tax bracket when itemizing deductions. To understand the full tax benefits of giving appreciated stock, including potential state tax savings, please consult with your tax professional for information about your personal tax implications.
WHAT SPECIFIC STOCK COULD I DONATE?
You can give any publicly traded stock through Overflow. By donating assets that have appreciated in value for more than one year, you are more likely to maximize the potential tax benefits.
CAN I GIVE THROUGH MY 401K OR IRA?
Overflow can process all whole shares of publicly traded stock, including 401Ks and IRAs. Because donors often incur penalties for withdrawing assets from their retirement accounts before a certain date, we highly recommend consulting your tax professional before donating these types of assets. Donating 401Ks or IRA could result in major tax penalties or even fewer tax benefits than donating cash.
CAN I GIVE COMPANY STOCK OUTSIDE OF THE TRADING WINDOW?
If you received company-distributed stock as an employee and the trading window is not open, your brokerage will likely reject the transfer request. We highly advise you ask your company for the trading windows and give during those time periods, which typically are open quarterly for 3 to 4 weeks at a time.
DOES OVERFLOW SUPPORT GIFTS FROM MY BROKERAGE ACCOUNT?
Overflow currently supports over 10 brokerages via their self-guided platform including the most popular brokers such as Charles Schwab, Fidelity, and E*Trade. If Overflow doesn't have a direct connection to your brokerage account, your gift can still be fulfilled through their off-platform concierge service. If you are in Overflow's donor experience and your brokerage account is not one of the 10+ currently supported with a direct connection, you'll be taken to a form to contact Overflow's transaction operations team. You can also choose to opt into Overflow's fully-guided concierge service by emailing stockgifts@overflow.co.
WHAT IS PCI COMPLIANCE?
PCI compliance is the term used to ensure that you are meeting security standards when accepting payments. These PCI requirements are set by the Payment Card Industry Data Security Standard (PCI DSS) and are managed by the PCI Security Standards Council (PCI SSC). Founded in 2006 by the five biggest credit card providers: MasterCard, Visa, Discover, Amex, and JCB International, the Council ensures that merchants (sellers and organizations) meet the required levels of security when they store, process, and transmit card holder data.
WHAT HAPPENS IF I AM NOT PCI COMPLIANT?
PCI compliance is not a law. The PCI standards were created by the major card brands Visa. MasterCard. Discover, AMEX and JCB. At their acquirers'/service providers· discretion, merchants that do not comply with PCI DSS may be subject to fines, card replacement costs, costly forensic audits. brand damage, etc., should a breach occur. The time and effort put into maintaining PCI compliance far outweighs the consequences of non-compliance. The fee for noncompliancy is $29 per month.
HOW DOES MY ORGANIZATION BECOME PCI COMPLIANT?
You can access the SecureTrust PCI Questionnaire from the "My Accounts" Tab within your CardPointe Portal. Listed below are the CardPointe Portal URL and additional PCI Compliance resources provided by CardConnect.
If you would like additional information about Overflow please visit their website here.
Don’t forget to check with your tax advisor about any tax implications for your situation.

If you have any questions, please email our Director of Accounting and Finance, Lauren Ladd, at Lauren@alamocommunity.org.